Temporary anti-dumping measures on ethanolamine products produced in the Malaysia, Saudi Arabia, Thailand and the United States is also being introduced.
PETALING JAYA: Gabungan AQRS Bhd
posted a 68.4% decline in net profit to RM10.95mil in the fourth quarter ended Dec 31, 2018 from RM34.63mil a year earlier.
In a filing with Bursa Malaysia, the group said the lower profits was due to one-off items comprising of RM14.6mil in liquidated ascertained damages (LAD) provision for its Johor Bahru City Centre development, The Peak, and reversal of impairment for receivables in respect of MFRS adjustment.
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